It narrow's down you potential deals if you are looking at only duplexes.4.

One complication can be if the loan was resold it is not clear if the new buyer is open to a restructuring.The bill was also narrowed to apply only to loans already in place so no home loans made going forward.I can see both sides.

If you choose a broad label like investors, you'll find more people and as you narrow down to more specific, you'll obviously find less.

Obviously that is where you will get the best turn around profit, but unless you can pay all cash for the property and do an a to b and b to c deal...

It seems like many investors with large piles of cash (read Wedgewood, Griffin, PGP, etc) are buying at narrower margins these days because they constantly have to place capital.

Things have changed considerably since Lonnie wrote his book, and Lonnie Dealers all over the country are struggling to either band together to form finance companies in some states, to hiring outside firms to originate loans for them in others.

So after the Investor and Seller sign the option to lease option agreement, then you find the qualified T/B....next the T/B goes down to the title escrow company to sign the assignment agreement with the Investor assigning the option to lease option "rights" to the T/B...next the T/B signs the lease agreement and option to purchase agreement between the T/B and Seller...next the T/B delivers check to escrow company for assignment fee and 1st months rent...then the Investor gets paid by the title escrow company and out of the pictureIs this correct??

Tiles will be slippery when wet, stairs are very narrow and no handrails.

If I had your goals I would try and learn as much about the areas you are thinking of investing in and then narrow it down to one or two specific neighborhoods.

The key is to have a plan B and not fall in love with the property you're looking at.